Transnet seeks private investments for infrastructure projects

transnetTransnet announced it is applying different models to test private-sector participation on branch lines, that are are secondary railway lines running from the main rail line. The company was speaking to various government departments to enhance the strategy and models to be applied to branch lines.
Transnet had identified a number of projects in which the private sector could participate. These projects include the Blue Train, for which it has a private-sector marketing partnership with Sun International; the manganese common-user loading facility in the Northern Cape; the Grootvlei loading facility in Mpumalanga; and the Tambo Springs inland container terminal to be built in Gauteng. Also included is a container terminal at the Durban Dig-Out Port — construction of the multi-billion-rand port is yet to begin.
“We view partnerships with the private sector as one of the ways in which we can broaden our sources of funding for capital investments and get access to private sector skills and expertise,” Mboniso Sigonyela, the spokesman for Transnet said.


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